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Yale Properties Beefs Up Team

FORT LAUDERDALE, FL-The developer of the estimated $40 million, 126-unit, 23-story L'Ambiance Beach condominium project signs seasoned condo developers Howard Wolofsky, Sam Richter and Robert Burstein to complete the under-construction venture at 4240 Galt Ocean Drive.

By David R. Corder | Updated on June 14, 2001

FORT LAUDERDALE, FL-Yale Properties International Inc. is banking on the experience of three South Florida developers to boost development of a 126-unit, 23-story luxury condominium project under construction on the shores of the Intracoastal Waterway at an estimated development cost of $40 million.

The Hollywood, FL-based real estate investment company and its principal officer Morris Richter are adding Howard Wolofsky, Sam Richter and Robert Burstein to the development team that is building L’Ambiance at 4240 Galt Ocean Drive. Those three were responsible for development of the L’Hermitage, another luxury condo building constructed on the Intracoastal.

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